"Thank you on behalf of all Americans," Ackman wrote in a post on social media platform X. Shortly after, he added, "[Treasury Secretary Scott Bessent] rocks!"
U.S. Treasury yields surged Wednesday as U.S. President Donald Trump's tariff regime continued to rattle markets.
U.S. Treasury yields surged Wednesday as U.S. President Donald Trump's tariff regime continued to rattle markets.
Investors contend with fallout as Donald Trump’s sweeping tariffs come into effect
Investors contend with fallout as Donald Trump’s sweeping tariffs come into effect
A guide to the hedge fund strategies fuelling the tariff turmoil
The double whammy of falling bond and equity prices could partly be hedge funds unwinding so-called ‘basis trades’
U.S. Treasury yields surged Wednesday as U.S. President Donald Trump's tariff regime continued to rattle markets.
U.S. Treasury yields surged Wednesday as U.S. President Donald Trump's tariff regime continued to rattle markets.
"The Trump agenda is focused on Main Street. It's Main Street's turn... It's Main Street's turn to drive investment," Bessent said.